BLOOMBERG: The dollar was little changed on speculation that the Federal Open Market Committee will this week signal policy makers may withdraw economic stimulus measures, boosting the appeal of U.S. assets. . . . "There's a risk the FOMC will indicate at some point they will start withdrawing their stimulus to the economy," said Joseph Capurso, a currency strategist in Sydney at Commonwealth Bank of Australia . . . "The catalyst for the dollar strengthening on a sustained basis is likely to come from the FOMC." . . . The Fed will keep its target rate for overnight loans in a range of zero to 0.25 percent at its two-day policy meeting starting tomorrow, according to all 91 economists surveyed by Bloomberg News. The central bank decided in August to end purchases of as much as $300 billion in Treasury debt next month, under a program that started in March . . . READ MORE
SMART COMPANY: In the US, a meeting of the Federal Reserve interest rate-setting body - the Open Market Committee - dominates the first half of the coming week. The FOMC meets over Tuesday and Wednesday with a decision on rates announced on Thursday morning . . . READ MORE
BOB KRUMM: Peggy Noonan Gets It Almost Right….
2 hours ago
